MSA Safety (MSA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 375,006 | 206,688 | 238,533 | 23,604 | 163,103 |
| Revenue | US$ in thousands | 1,808,140 | 1,787,650 | 1,527,950 | 1,400,180 | 1,348,220 |
| Pretax margin | 20.74% | 11.56% | 15.61% | 1.69% | 12.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $375,006K ÷ $1,808,140K
= 20.74%
The pretax margin of MSA Safety has exhibited some fluctuations over the years. In 2020, the pretax margin was 12.10%, which decreased significantly to 1.69% in 2021. However, the company managed to improve its pretax margin to 15.61% in 2022, displaying a strong recovery. In 2023, there was a slight decline to 11.56%, but in 2024, MSA Safety achieved a notable increase in its pretax margin to 20.74%. These variations suggest that MSA Safety has experienced both challenges and successes in managing its pre-tax profitability over the years, with an overall positive trend observed in the most recent year.
Peer comparison
Dec 31, 2024